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    Hi there,

    Over the last few years I have built up a strong credit score. I have become a bit short of cash recently and got a student overdraft facility with Natwest. The max limit is £2000 however I definitely do not plan on ever using it to that extent however I am currently and have been for the last 2 weeks been overdrawn by around £200. I was made clear that this was a student overdraft and that it has 0 interest. My question is will this damage my credit rating? My account will be in the possitive again within the next 2-3 weeks if this is of any use.

    Sorry if this question sounds silly !

    Thanks
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    (Original post by 996sam)
    Hi there,

    Over the last few years I have built up a strong credit score. I have become a bit short of cash recently and got a student overdraft facility with Natwest. The max limit is £2000 however I definitely do not plan on ever using it to that extent however I am currently and have been for the last 2 weeks been overdrawn by around £200. I was made clear that this was a student overdraft and that it has 0 interest. My question is will this damage my credit rating? My account will be in the possitive again within the next 2-3 weeks if this is of any use.

    Sorry if this question sounds silly !

    Thanks
    I don't think so, although creditors will be able to see what you owe.

    http://www.thestudentroom.co.uk/show....php?t=2035693

    This thread has discussed it before and the fact that you're not paying interest is probably a good thing.

    There is no easy answer to this :no:
 
 
 
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